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Consumer Protection? Elizabeth Warren on Charlie Rose
invite response
2010 Mar 5, 5:42am 1,052 views 2 comments
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this woman has been talking like this for over a year now. She's done nothing. She's all rhetoric.
Vicente
2010 Mar 5, 10:57am
She's on one of those REVIEW committees. It's like the guys that write up the report after the plane crashes. What do you expect?
Here's your bankster corporate gratitude:
On being told his bonuses & compensation were under threat, an AIG employee said:
".......was even more irate, lashing out at the public for scapegoating AIG employees. "To be honest with you, I really hope it blows up. I think the U.S. taxpayer deserves to lose a trillion dollars over this thing for the way they have behaved."
http://www.washingtonpost.com/wp-dyn/content/article/2010/03/03/AR2010030303764.html
Great interview with Elizabeth Warren on Charlie Rose.
Points out things like credit card agreements:
1980 - 1 page!
2010 - 30 pages!
Says that Consumer Protection should absolutely not be under Federal Reserve control.
Talks about Commercial Real Estate HALF of the loans are underwater.
Brief bit at the end about "hollowing out of the middle class" I like that phrase of hers.
Good stuff!
Charlie Rose: Elizabeth Warren, Chair, Congressional Oversight Panel
#housing